Things To Watch Out for When Buying A Home

Buying a home is likely the biggest purchase you’ll ever make. The process will be filled with lots of confusing paperwork and fast-approaching deadlines, and you’ll probably feel overwhelmed at some point. 

With all that said, we want to make buying a new home as easy as possible for you. Below, we’ve put together a short list of things you should be on the lookout for when searching for your humble abode. 

Cracks In The Walls

Small, hairline cracks, also known as settlement cracks, are normal in most homes. However, if you notice large cracks in the walls, especially exterior ones, you’ll want to look for another home as this one could have major foundation or structural issues. Not only are these issues difficult to fix, but they are also extremely expensive, too. 

Dampness And/or Moisture

This is one problem that should be easy to spot. Dampness in a home often presents itself with a musty smell, visible moisture, mold, mildew, or all of the above. Dampness is a big problem and can be very challenging and expensive to fix. 

Many older homes are prone to dampness and moisture because of the materials used and lack of technology when they were built, so keep this in mind when searching for your next home. Don’t let your emotions cloud your judgment when it comes to noticeable dampness in a potential home. 

Loose Roof Shingles

A home without a good roof isn’t really a home at all because it won’t be able to protect you and your belongings adequately. If you notice any loose roof shingles, steer clear. You don’t want to pay a higher price for a home that might need major repairs almost immediately after you move in. 

Old Electric Outlets

Today’s technology demands much more from our electricity. Homes built more than 25 years ago may not have electrical sockets that can handle this high demand. 

Couple this with the fact that electrical safety standards have changed dramatically in the last several years, and you could be looking at a serious fire risk if the home has old electrical outlets. If you buy the home despite this obvious need for an upgrade, you should replace the old outlets as soon as possible. 

The Presence Of Japanese Knotweed

The presence of the Japanese Knotweed plant on a property can have a negative impact in several ways. First, the plant is very invasive, stubborn, and destructive. It takes over and can kill existing plants, making your yard and garden look like a jungle, and it can even uproot your house!

For these reasons, many states where knotweed grows require sellers to divulge if knotweed is present on their properties. If it is, it could make it difficult to get a mortgage on the property as banks won’t fund the potential risk. 

Keep your eyes open when buying a house for the five issues listed above. Knowing what to look for and being able to spot problems like these can save you a lot of money and heartache.